PPP Loan information for J.a.m. construction co.inc

$408,500

J.a.m. construction co.inc was initially approved for PPP Loan of amount $408,500, the current approved amount is $408,500. The loan was approved on 02/04/2021 by The BankNewport reported 27 jobs and $408,500 was used to fund payroll.

J.a.m. construction co.inc is Existing or more than 2 years old

PPP Loan Search / RI / Middletown / J.a.m. construction co.inc

J.A.M. CONSTRUCTION CO.INC

Date Approved

02/04/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

J.A.M. CONSTRUCTION CO.INC

Borrower Address

1700 W Main Rd

Borrower City

Middletown

Borrower State

RI

Borrower Zip

02842-4432

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

408500.00

Current Approval Amount

408500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-4432

CD

RI-01

Jobs Reported

27

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

408498.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

411421.05

Forgiveness Date

10/28/2021

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